NTS, Inc., f/k/a Xfone, Inc. (NYSE Amex/TASE: NTS) (“NTS” or “the Company”) signed up its first customer in Lamesa, Texas further expanding the Company’s fiber-to-the-premise (FTTP) network.
When completed, the NTS fiber build out is expected to reach 19 new communities in Texas and Louisiana, bringing the Company’s total FTTP passings to approximately 50,000. NTS is funding the expansion of the fiber network using approximately $100 million in federal stimulus funding. In addition to its presence in Lamesa, NTS has established its FTTP network in the towns of Lubbock, Levelland, Smyer, Wolfforth, Littlefield, Burkburnett, Brownfield, Whitharral, Slaton, Wilson and Meadow, Texas.
Mr. Guy Nissenson, Chairman, President and CEO of NTS commented, “During the past year we have made excellent progress expanding the reach of our FTTP Network to underserved communities in Texas and we are pleased to have the opportunity to bring our high speed broadband voice, video and internet offerings to Lamesa. We continue to see strong adoption rates as customers recognize the value and convenience of our high speed bandwidth. Consumers are increasingly reliant on the internet; both in residential and business applications, and the speed and accessibility of our network meets their expectations. We look forward to bringing advanced broadband to more customers in Lamesa in the coming weeks.”
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